Kaneshita ConstructionLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kaneshita ConstructionLtd has a total shareholder equity of ¥18.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥22.8B and ¥4.1B respectively. Kaneshita ConstructionLtd's EBIT is ¥453.0M making its interest coverage ratio -3.4. It has cash and short-term investments of ¥8.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -3.4x |
| Cash | JP¥8.73b |
| Equity | JP¥18.74b |
| Total liabilities | JP¥4.10b |
| Total assets | JP¥22.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1897's short term assets (¥12.8B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 1897's short term assets (¥12.8B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 1897 is debt free.
Reducing Debt: 1897 has not had any debt for past 5 years.
Debt Coverage: 1897 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1897 has no debt, therefore coverage of interest payments is not a concern.